MGT Capital Investments (MGT) Announces Commercial Release of Network Security Product, Sentinel

October 14, 2016 9:11 AM EDT

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MGT Capital Investments, Inc. (NYSE: MGT) is proud to announce the commercial release of its first network security product designed by whitehat hackers and John McAfee. Sentinel represents a new paradigm in the defense against malicious hackers. The system, comprised of a passive hardware device connected to each subnet, monitors network traffic for suspicious activity using sophisticated algorithms and heuristics, generating an alert and deploying appropriate countermeasures. Simply put, Sentinel is the first user-friendly security device to provide actionable intelligence before companies are hacked.

Further, Sentinel is the first in a suite of products designed to proactively protect networks, computers, users and their data. Without degrading network quality, the system gives the edge back to companies by alerting them to intrusions on their network, and by distracting hackers with honeypots before real damage occurs. Sentinel mitigates risk by greatly reducing the time a hacker has to operate inside protected networks, upload malware or steal data. This also allows for an investigation to begin while an attack is in progress, rather than after the perpetrator has completed the hack.

"The best ideas in technology are simple to use and serve an unmet need. Computer hacking is the number one threat to the safety and privacy of the world's population. Sentinel provides an enterprise IT department with early detection of potential intrusions. This head start gives a distinct advantage in what indisputably is a war presently being won by the bad guys," stated John McAfee, Executive Chairman of MGT. "At MGT we are extraordinarily lucky to have assembled a group of talented programmers that share our vision of the future of cybersecurity."

Initial orders are expected to be shipped within six to eight weeks. Enterprise pricing begins at $4,995 per unit under an annual renewable contract. Each unit can protect an entire intranet class-B subnet, with volume-based pricing for orders in excess of 25 units. Interested parties are advised to contact sales@mgtci.com.



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